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Tag: Conservative Principles

Why We Are Here

By Rougman, Section News
Posted on Thu Jun 23, 2011 at 04:50:24 PM EST
Tags: Vern Ehlers, Energy, Conservative Principles (all tags)

What is too often forgotten when people consider the current situation our economy is in is that the brakes were being applied to growth and wealth creation even before Fannie May, Freddie Mac and AIG (among others) collapsed.

Months prior to the rest of us finding out that Franklin Raines and Jamie Gorelick had absconded with millions of taxpayer dollars as a reward for pimping insolvent home loans, the cost of energy was already climbing at a frenzied pace.

As a fill-up crashed through the $30, $40 and $50 barriers for those driving even pretend mostly plastic cars, consumers were already being forced to ponder the priorities of vacationing in upstate Michigan or putting away a little cash in order to be able to make it to work the following week.

And that was the plan.

If there is one certainty in this world, it is that elitist Americans hate them some wrong energy.

Energy that is inexpensive is considered wrong for America. Inexpensive energy by definition promotes the use of that energy. As such, energy a consumer can actually afford to painlessly use is part and parcel to the perceived problem. It had to be made more expensive!

The great American slowdown is, then, not a bug, but a price that has to be paid. While progressive politicians and sympathetic journalists alike lament the "unexpected" continuance of our economic malaise, the bright side is that not only has our energy thirst been somewhat slaked, but our carbon footprint has been downsized!

(2 comments, 1002 words in story) Full Story